Is Building Room Additions Worth the Expense?
Building room additions is a popular way to expand the size of the home. Though it can be more expensive than simply remodeling, it offers many advantages over simply improving an existing room. Obviously the first advantage is the creation of more space wherever you need the additional room. You can add a bedroom, a bath, an office or a family room for example. Deciding whether it’s worth the expense though means taking all the advantages and disadvantages into consideration before spending the money. Building room additions can be quite costly compared to making renovations. If you plan on staying in your house longer than 5 years, it’s probably worth the expense though. You need to do a cost/benefit analysis to determine when you would expect to recoup the cost of the addition through equity growth for your area. Building Room Additions Everyone who owns a home has heard the theory it’s not good to be the most expensive or cheapest house in the neighborhood. It’s an odd theory from
